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HB0165 • 2026

State retired employees-retirement payment increases-2.

AN ACT relating to the Wyoming retirement system; increasing normal retirement benefits; making conforming amendments; repealing obsolete provisions; specifying applicability; requiring actions by the Wyoming retirement system; and providing for effective dates.

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representative Schmid
Last action
2026-02-13
Official status
inactive
Effective date
3/1/2026

Plain English Breakdown

Checked against official source text during the last sync.

Increase in Retirement Benefits for State Employees

This act increases retirement benefits for certain state employees and makes changes to outdated rules.

What This Bill Does

  • Increases the normal retirement benefit rate from 2.125% to 2.375% after July 1, 2026, for members who started working between June 30, 1981 and August 31, 2012.
  • Changes the normal retirement benefit rate from 2% to 2.125% after July 1, 2026, for members who started working after August 31, 2012.
  • Removes outdated rules that are no longer needed.

Who It Names or Affects

  • State employees who retired or will retire under the Wyoming retirement system and meet certain employment dates.

Terms To Know

Normal Retirement Benefit
The amount of money a state employee receives each month after they stop working, based on their salary and years worked.
Service Credit
The number of years an employee has worked for the state that counts towards retirement benefits.

Limits and Unknowns

  • This bill did not pass in its session, so it does not have any current effect.
  • It only applies to members whose retirement benefits are calculated under specific sections of Wyoming law.

Bill History

  1. 2026-02-13 House

    H Did not Consider for Introduction

  2. 2026-02-11 House

    H Received for Introduction

  3. 2026-02-10 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
26LSO-0507
2026
STATE OF WYOMING
26LSO-0507
Numbered
2.0

HOUSE BILL NO. HB0165

State retired employees-retirement payment increases-2.

Sponsored by: Representative(s) Schmid

A BILL

for

AN ACT relating to the Wyoming retirement system; increasing normal retirement benefits; making conforming amendments; repealing obsolete provisions; specifying applicability; requiring actions by the Wyoming retirement system; and providing for effective dates.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 9
‑
3
‑
418(a), (b)(iii) and (g) is amended to read:

9
‑
3
‑
418.

Amount of service retirement benefit; firefighter members excluded.

(a)

Before July 1, 2026, t
he normal retirement benefit for a member who first becomes covered under this article after June 30, 1981 and before September 1, 2012 is equal to two and one
‑
eighth percent (2 1/8%) of the highest average salary multiplied by
his
the member's
years of service credit for the first fifteen (15) years of service credit, and two and one
‑
fourth percent (2

1/4%) of the highest average salary multiplied by
his
the member's
years of service credit for any years of service credit exceeding fifteen (15) years.
After July 1, 2026, the normal retirement benefit for a member who first becomes covered under this article after July 30, 1981 and before September 1, 2012 is equal to two and one
‑
quarter precent (2 1/4%) of the highest average salary multiplied by the member's years of service credit for the first fifteen (15) years of service credit, and two and three
‑
eighths percent (2 3/8%) of the highest average salary multiplied by the member's years of service credit for any years of service credit exceeding fifteen (15) years.

(b)

The retirement benefit for a member with service after March 31, 1953 but prior to July 1, 1981 is equal to the following:

(iii)

Before July 1, 2026, t
wo and one
‑
eighth percent (2

1/8%) of the member's highest average salary multiplied by
his
the member's
years of service credit for the first fifteen (15) years of service credit, and two and one
‑
fourth percent (2

1/4%) of the member's highest average salary multiplied by
his
the member's
years of service credit for any years of service credit exceeding fifteen (15) years.
After July 1, 2026, two and one
‑
quarter percent (2 1/4%) of the member's highest average salary multiplied by the member's years of service credit for the first fifteen (15) years of service credit, and two and three
‑
eighths percent (2 3/8%) of the member's highest average salary multiplied by the member's years of service credit for any years of service credit exceeding fifteen (15) years.

(g)

Before July 1, 2026, t
he normal retirement benefit for a member initially employed after August 31, 2012 is equal to two percent (2%) of the highest average salary multiplied by
his
the member's
years of service credit.
After July 1, 2026, the normal retirement benefit for a member initially employed after August 31, 2012 is equal to two and one
‑
eighths percent (2 1/8%) of the highest average salary multiplied by the member's years of service credit.

Section 2
.

W.S. 9
‑
3
‑
453 and 9
‑
3
‑
454(a)(ii) and (iii) are repealed.

Section 3
.

This act shall apply to all members whose retirement benefits are calculated under W.S. 9
‑
3
‑
418(a), (b) or (g), including those members retiring before July 1, 2026.

Section 4
.

The Wyoming retirement system shall take any action necessary to implement this act.

Section 5.

(a)

Except as provided by subsection (b) of this section, this act is effective July 1, 2026
.

(b)

Sections 4 and 5 of this act are effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

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HB0165